N&P Quantum Account re-launched

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N&P Quantum Account re-launched

Mon 26th Sep 2005

Norwich & Peterborough Building Society (N&P) has announced it is launching the 17th issue of its Quantum Account.

This account will see customers receive an interest rate of four per cent, rising to five per cent over a five-year period.

Gary Lacey, N&P’s group product manager, explained a further attraction of the account: "Our customers also like the flexibility of Quantum which allows them to take out their money, provided they give 90 days’ notice."

The minimum investment for the N&P Quantum Account stands at £1,000, with the maximum limit at £25,000 per person.

Furthermore, the interest is paid annually, and the customer can choose from having it paid into the account, into another N&P account, or to an account held with a different provider.

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